EVRAZ North America Applauds the Government of Canada’s Approval of
Pipeline Projects Supporting Canadian Jobs and Industry.

November 29, 2016 05:55 PM Eastern Standard Time

CHICAGO--(BUSINESS WIRE)--EVRAZ North America applauds the Government of Canada’s decisions to
approve construction of the Kinder Morgan Trans Mountain Expansion
Project and the Enbridge Line 3 Replacement Program in Canada.

“We appreciate the balanced decision the Government has made and
congratulate them on the approval of these pipeline projects. These will
be among the most technically advanced and environmentally safe
pipelines in the world,” said Conrad Winkler, EVRAZ North America
President & CEO. “These projects will be among the largest
infrastructure programs in North America, bringing in millions of
dollars in tax revenues and contributing billions to the GDP of Canada
and the U.S., directly and indirectly”.

There is no better example of supply chain and indirect job impacts than
with EVRAZ. As a partner of Enbridge, and the largest producer of steel
Large Diameter pipeline-pipe in North America, EVRAZ is proud to say
that the vast majority (if not all) of the pipe for the Enbridge Line 3
Replacement Project will be made in Canada by Canadian members of the
United Steelworkers union at our Regina, Saskatchewan facility. At this
site, we have over 1,000 Canadians with well-paying, highly-skilled
middle class jobs.

Making this pipe in Canada also represents the best way to minimize the
carbon footprint of the project. Our Regina facility not only makes
steel at a fraction of the CO2 emissions of Asian steel
producers, it is also the largest recycler of steel scrap in Western
Canada and given its proximity to the project also minimizes emissions
due to transportation.

Enbridge’s Line 3 Replacement Program and Kinder Morgan’s Trans Mountain
Expansion represent an ongoing commitment to safety and efficient
pipeline operations. At EVRAZ, we also make Safety our #1 priority, for
employees and in our products. We believe that our pipe offers the
safest solution in the world, and continues to improve with the
application of many advanced processes/technologies. As part of this
commitment, we are investing over $220 million U.S. dollars of
investments that upgrade the Large Diameter pipe making and steel
production capabilities at the Regina site. We also established a
Research and Development partnership with Enbridge in March 2015 to
share technologies and best practices in pipeline development, with the
goal of applying our joint technology in continuing to develop the
state-of-the-art in safety.

About EVRAZ

EVRAZ North America (the “Company”) is a wholly owned subsidiary of
EVRAZ plc, one of the largest vertically integrated steel and mining
businesses in the world. The Company is a leading North American
producer of engineered steel products for rail, energy and industrial
end markets. The Company has six production sites located in the USA
(Portland, Oregon; Pueblo, Colorado) and Canada (Regina, Saskatchewan;
Calgary, Camrose and Red Deer, Alberta).